Your Guide To The Best Florida Keys Condos for Sale

Condo living could be the solution if you’re looking for a low-maintenance way of life that gives you more freedom to experience life while reducing the number of obligations you have to take care of. Homebuyers in the Florida Keys can choose from various condominiums in size, location, proximity to the water, the number of bedrooms and bathrooms included, and the condo’s price. You will have more time to do the things you enjoy, such as taking advantage of the island lifestyle and creating new memories, because the gorgeous tropical grounds, private swimming pools, and exterior building maintenance are all taken care of for you—many of the Florida Keys condos for sale feature oceanfront private sandy beaches and dockage for their residents.

Florida Keys Neighborhood Highlights

When combined with the fact that many condominium developments in the Florida Keys have amenities such as lush tropical vegetation, glistening pools, sandy beaches, and beautiful seascapes, condos frequently evoke the atmosphere of opulent resorts. As a result of rigorous building height limitations and limited land, the usual type of condo structure found in the Keys is a boutique-sized garden-style building.

People are moving to Florida for the warm weather, the salty air, and the absence of a state income tax, so there is a high demand for luxury condos. In the Sunshine State, the overall property tax rate will differ from county to county; however, the residential property tax rate in Monroe County is currently at 0.98%.

Homebuyers in the Keys may discover that opting for an HOA master insurance policy, which requires condo owners to pay a share of the overall insurance costs (which are often included in the dues), is the most cost savings when it comes to insuring their new property. You should never forget to ask about the HOA dues and any special charges and to read over the Covenants, Conditions, and Restrictions imposed by the organization.

Florida Keys’ Condos Market Facts

• The most expensive condo was sold for $3,350,000 in 2022,
• The least expensive condo sold in 2022 was priced at $120,000.
• The most expensive condo ever sold was in Upper Matecumbe, purchased in 2022.
• The Key West, Florida condo was the least expensive one to sell that year.
• The 2,997-square-foot condo was the most expensive and sold in 2022
• In 2022, 285 square feet was the smallest condo that was purchased
• The most expensive townhome sold in 2022 brought was $3,250,000.
• The least expensive townhome ever sold was for $150,000 in 2022.
• In 2022, slightly more than 350 condos were sold in the Keys.
• The highest building in the Keys is the Bonefish Tower, which has 75 condos.

Please don’t forget to call me when you’re finally ready to move and buy your dream condo in the Florida Keys so we can discuss it. I will assist you in locating the condominium that is most suitable for your way of life. Visit this link to learn more: https://middlefloridakeysrealestate.com/florida-keys-condos/